Tungsten Mining NL (AU:TGN) has released an update.
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Tungsten Mining NL has successfully raised $4.5 million through unsecured and unquoted convertible notes from professional and sophisticated investors. The funds will be used for acquiring the Mt Mulgine Project and advancing its development, enhancing the company’s financial position. This move underscores strong investor confidence in Tungsten Mining’s strategic assets and growth potential.
For further insights into AU:TGN stock, check out TipRanks’ Stock Analysis page.